ESPE SPA (ESPE.MI) Stock Technical Analysis
BIT:ESPE - IT0005573818 - Common Stock
3.18 EUR
+0.04 (+1.27%)
Overall ESPE gets a technical rating of 5 out of 10. ESPE has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
100% of all other stocks performed better in the past year than ESPE.
ESPE is part of the Electrical Equipment industry. There are 58 other stocks in this industry, of which 89% are performing better than ESPE.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month ESPE has a been trading in the 2.80 - 3.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although the technical rating is only medium, ESPE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 3.15, a Stop Loss order could be placed below this zone.
More info and screens
2.48
3.30
We found 3 important support areas.
- A support zone ranging from 2.97 to 3.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.85 to 2.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.50 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @3.21 from a horizontal line in the weekly time frame.
- Resistance @3.27 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ESPE.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ESPE.MI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | ESPE.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ESPE.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ESPE.MI is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 55.21 | NEUTRAL | The RSI value for ESPE.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ESPE.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 62.07 | NEUTRAL | The Stochastics value for ESPE.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 5 | MEDIUM VOLATILITY | The ATR as a percentage value for ESPE.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 20.06 | NEUTRAL | The ADX value for ESPE.MI suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
BIT:ESPE (9/11/2025, 7:00:00 PM)
3.18
+0.04 (+1.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg1.27%
1 Week-0.62%
2 Weeks11.19%
1 Month0.63%
3 Month18.66%
6 Month-7.02%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%5%
ATR Inc-58%
Range Today0.06
ADR(20)0.13
ADR(20)%4.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High3.38
10 Day Low2.9
20 Day High3.4
20 Day Low2.8
52 Week HighN/A
52 Week LowN/A
CS1 End3.15
CR1 Start3.21
Volume & EV
DER(3)0%
DER(5)0%
Volume12.75K
Volume Incr19.04%
Vol(5)57.90K
Vol(50)34.70K